Dan Frey Home Loans
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Comparison

Side-by-side payments and cash to close

Lowest monthly: Assumable Loan

Total monthly

Payment stack including taxes, insurance, and HOA

Cash to close

Down payment / equity bring-to

Detail
Assumable Loan
Assumable · VA
Assumable Loan + Second
Assumable · VA
Current Market Conventional
New · Conventional
Loan amount$177,092$177,092$292,500
Remaining term (yrs)20.920.930.0
Secondary amount$0$115,408$0
Funding fee$885$885$0
Note rate3.900%3.900%7.320%
Blended rate3.900%5.518%7.560%
1st payment$1,030.45$1,030.45$2,009.27
2nd payment$0.00$769.39$0.00
Taxes / mo$199.25$199.25$199.25
Insurance / mo$150.00$150.00$150.00
MI / mo$0.00$0.00$58.50
HOA / mo$0.00$0.00$0.00
Total monthly$1,379.70$2,149.09$2,417.02
Cash to close$147,908$32,500$32,500